Big Ideas for Small Businesses

News, analysis, advice and commentary for small and medium-sized enterprises across the Middle East and Africa.

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Aspire Capital to set up micro-finance firm

The company will start its operations upon the issuance of the required licences

Alsoug raises $5mln as Sudan opens up to foreign investments after 30 years

Alsoug, which was founded in 2016, provides a digital marketplace for people in Sudan

Fawry acquires stake in Sudanese fintech platform in first overseas venture

The investment will be used to develop alsoug’s new fintech platform, Cashi

Riyadh-based OTO raises $3mln in seed round

The Riyadh-based team plans to utilize its newly acquired funds to further evolve its tech stack

Ajman Free Zone signs deal with Emirates Development Bank

Deal primarily focuses on areas of mutual interest such as Emirati-led entrepreneurial ventures and SMEs

32% SMBs in Saudi Arabia launched new products during the pandemic

Nearly every fifth organization entered new business sectors

Dubai Airshow, global aerospace entities to support startups

Startups will be offered the opportunity to present their solutions to the aerospace ecosystem, tech leaders and investors, across two days of live pitches

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